Additional condition :To Claim the refund for a quarter the establishment must achieve critaria given either under scheme A or under Scheme B

Our Comment :This is a Welcome step taken by the Govt as govt has given incentive to comply with UAN requirement Instead of levying a penalty for it.

The Notification is given under for your ready reference.

[lock]

MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION

New Delhi, the 10th February, 2016 S.O. 443(E).— In exercise of the powers conferred by the Explanation to paragraph 30 read with paragraph 39 of the Employee's Provident Funds Scheme, 1952 and in partial modification of the notification of the Government of India in the Ministry of Labour and Employment number S.O. 323 (E), dated the February , 2015, published in the Gazette of India, Part II, Section 3, Sub-section (ii), dated the 2nd February, 2015, the Central Government, after consulting the Central Board and having regard to the resources of the Employee's Provident Fund available for meeting its normal administrative expenses, hereby frames an Incentive Refund Scheme in respect of administrative charges deposited for eligible employer for providing Universal Account Number (UAN) to all employees.

Incentive Refund Scheme A:To claim 10 percent refund of administrative charges paid during the quarters, the eligible establishment has to achieve the following criteria relating to UAN in respect of its contributing members in each of the month falling in the quarter:-

Incentive Refund Scheme B: To claim 5 percent refund of administrative charges paid during the quarter, the eligible establishment has to achieve the following criteria relating to UAN in respect of its contributing members in each of the month falling in the quarter:-

2. The incentive by way of refund shall be payable at the end of every quarter starting from quarter ending March, 2016, as per procedure prescribed by the Central Provident Fund Commissioner and only such establishments shall be considered eligible for the scheme of refund which have in each month of the quarter achieved the criteria for qualification either in Incentive Refund Scheme 'A' or Incentive Refund Scheme

3. The Incentive Refund Scheme shall be in operation for one year with effect from 1" January, 2016 to 31" December, 2016 (i.e. for the quarters beginning January, 2016, April, 2016, July, 2016 and October, 2016).